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Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...
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Good afternoon BP members,Question:I found an opportunity to invest in a Real Estate property. However I would like to do this via a Self-Directed IRA account.Would I need to create a separate LLC for the Self-Directe...
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Do you really need an attorney to set up your LLC and Operating Agreement?
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Hi we are closing soon on a duplex in Minneapolis that is currently rented out and we want to look for a reputable management company to handle the property for us. Would love some references or ones to avoid. We do...
What are some suggestions in getting started with the subject at hand? Any tips or potential mentor ships?Really interested in this.
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Hello everyone.....happy 4th of July!I've just come across an article regarding Redfin and a new service they are offering called Redfin NOW. Its a service in where they buy a house directly from a homeowner at a dis...
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Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...
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Hey Guys - I've identified properties that I'd like to find out more information on / make offers on (they need work but are in a desirable neighborhood in my opinion). How should I go about figuring out who the owner...
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In beginning my investment career, am i better served to have an LLC?
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This post is for you more seasoned transaction coordinators out there. Any feedback is appreciated!I'm a newer note investor, picking up a few deals (performing and non performing). I have started sharing what I'm do...